RCM IS NOW ACTIVE OR NOT PLEASE REPLY IF YES KINDLY SHARE NOTIFICATION
Menu
REVENGE CHARGE MECHANISM
Replies (6)
Yes RCM is active
Yes rcm is very much applicable. Refer section 9(3) of cgst act and 5(3) of igst act along with notifications
RCM 9(4)
Yes active
Yes RCM is applicable section 9 (3) and (5)
9(4) is active, but requirement to pay RCM on purchase from unregistered persons is presently applicable only to real estate sector and not applicable to all registered assessees. It was removed from 13th October 2017 and has not been functional since (other than for real estate).
Recent Threads
- Accounting of Govt Grant in aid-Assam Tea Estate
- Utilizing Capital gains in new home construction
- Hi i have some doubt about my microsoft exam?
- Period of holding of residential flat and its acqu
- ITRs for AY 2025-26 filed in September 2025 not pr
- Heard & Seen Around – Your Daily Economi
- Best NISM course for an Accountant
- Calculate IT on LTCG AND STCG for the FY 2025-26
- Heard and Seen Around - Your Daily Economic Quick
- Returning to India - Residency confusion
Related Threads
CAclubindia
